Here’s a roundup of the most important deals in venture capital from the past week. Facebook acquired Confirm.io, a Boston-based start-up that helps businesses run identity authentication checks on government issued ID’s. If Facebook fully integrates Confirm.io’s “biometric identity authentication” APIs into its own platform, it may become easier for users to regain access to […]
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This year, the week of the Super Bowl coincides with the week of the Super Earnings Bowl for CNBC’s Jim Cramer. “Even as President Trump made the pitch for doing business in America at Davos, it’s the earnings that are front and center,” the “Mad Money” host said. Without further ado, Cramer turned to the […]
Read moreMatthew Chan is a 39-year-old radiologist who lives in Sacramento, Calif., has three children and was recently diagnosed with stage four colon cancer. He started radiation on Jan. 1 and “probably” has less than six months to live, according to a blog post published on Jan. 4 by a friend. That friend, Alan Miller, was […]
Read moreAmazon is set to report earnings next Thursday after the market closes, and the options market is implying a relatively large post-earnings move for the stock. One derivative strategist said the move is expected to be quite notable. “Investors are really nervous about this stock, just in terms of how big the movement could be,” […]
Read moreJust over 24 hours since no-fee stock trading app Robinhood announced it would roll out free digital currency trading in February, 530,000 and counting have signed up to “get early access.” That surge of interest has quickly brought out the critics: skeptics of bitcoin‘s skyrocketing price and Robinhood’s ability to provide fair prices for customers. […]
Read moreAfter leading Coinbase’s $100 million financing round last year, venture capitalist Todd Chaffee is closely eyeing other blockchain companies, but he’s less inclined to bet on cryptocurrencies. Coinbase is a crypto trading platform that provides a place for investors to store their digital currencies. According to a story earlier this week from Recode, Coinbase surpassed […]
Read moreAlphabet has “the most hidden value of all the mega-caps,” MKM Partners’ Rob Sanderson writes in a new note to investors. MKM reiterated its buy rating on Alphabet shares, in part because of the company could be poised for a large capital returns program. Recently passed tax reform could free up some of Alphabet’s $61 […]
Read moreSpecial counsel Robert Mueller’s staff has interviewed at least one member of a Facebook team associated with President Donald Trump’s 2016 presidential campaign, according to a new report in Wired, which cited a person familiar with the matter. The interview was part of Mueller’s Department of Justice probe into Russian interference in the 2016 U.S. […]
Read moreThe controversy over in-game microtransactions will have a lasting negative impact on game publishers, according to one Wall Street firm. Cowen reiterated its market perform ratings for Activision Blizzard’s and Electronic Arts’ shares, citing increasing development costs. “Game development times are getting longer, and R&D costs are growing faster than they had previously,” analyst Doug […]
Read moreBig Macs and lattes will be purchased by cryptocurrencies sooner than you might think, according to venture capitalist and bitcoin fanatic Tim Draper. “In five years, if you go to a Starbucks or McDonald’s and try to buy a burger or coffee with fiat currency, the person at the counter is going to laugh at […]
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